Mubasher: The price of Kuwait’s crude oil declined by $1.13 to settle at $52.45 per barrel (pb) on Monday compared to $53.58 pb on Friday, according to the latest data issued by the Kuwait Petroleum Corporation (KPC).
At the global level, oil prices registered gains that followed a series of losses in the past week, pushed by the OPEC officials’ statements to regain balance in the oil market on the long term